Nkarta Total Current Liabilities vs Total Cash From Operating Activities Analysis

NKTX Stock  USD 2.88  0.00  0.00%   
Nkarta financial indicator trend analysis is infinitely more than just investigating Nkarta Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nkarta Inc is a good investment. Please check the relationship between Nkarta Total Current Liabilities and its Total Cash From Operating Activities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nkarta Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Total Current Liabilities vs Total Cash From Operating Activities

Total Current Liabilities vs Total Cash From Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nkarta Inc Total Current Liabilities account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have pay attention.
The correlation between Nkarta's Total Current Liabilities and Total Cash From Operating Activities is -0.91. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Cash From Operating Activities in the same time period over historical financial statements of Nkarta Inc, assuming nothing else is changed. The correlation between historical values of Nkarta's Total Current Liabilities and Total Cash From Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Nkarta Inc are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Total Current Liabilities i.e., Nkarta's Total Current Liabilities and Total Cash From Operating Activities go up and down completely randomly.

Correlation Coefficient

-0.91
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on Nkarta balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Nkarta Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Cash From Operating Activities

Most indicators from Nkarta's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nkarta Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nkarta Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Sales General And Administrative To Revenue is likely to rise to 42.97 in 2024, whereas Selling General Administrative is likely to drop slightly above 20 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization1.8M2.6M5.9M6.2M
Interest Income370K5.6M13.5M14.2M

Nkarta fundamental ratios Correlations

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0.950.890.880.94-0.940.90.37-0.950.830.740.910.920.860.930.40.990.880.60.99-0.80.870.960.670.940.94
0.830.840.910.76-0.840.90.73-0.970.910.41.00.80.590.750.190.950.830.810.94-0.670.740.850.850.760.76
0.270.420.530.16-0.30.370.73-0.60.6-0.320.710.28-0.10.14-0.340.50.320.70.46-0.090.230.340.680.160.15
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0.770.60.510.83-0.750.740.4-0.32-0.540.450.430.710.940.850.710.650.690.170.67-0.80.710.70.240.830.85
0.850.870.910.78-0.860.911.00.71-0.980.90.430.830.610.780.220.960.840.80.95-0.690.770.870.840.780.78
0.960.960.890.95-0.960.920.80.28-0.890.690.710.830.780.950.590.910.890.610.92-0.840.980.970.680.950.95
0.880.710.680.91-0.80.860.59-0.1-0.680.590.940.610.780.920.60.780.790.370.79-0.80.740.840.440.910.92
0.990.930.831.0-0.930.930.750.14-0.820.650.850.780.950.920.660.890.890.560.91-0.870.940.960.621.01.0
0.60.560.430.61-0.610.40.19-0.34-0.270.220.710.220.590.60.660.350.650.360.37-0.80.630.510.380.610.66
0.930.890.910.9-0.940.990.950.5-0.990.880.650.960.910.780.890.350.890.681.0-0.780.860.950.740.90.9
0.920.870.950.86-0.960.880.830.32-0.880.850.690.840.890.790.890.650.890.810.89-0.960.840.910.850.860.89
0.650.710.860.53-0.680.60.810.7-0.730.790.170.80.610.370.560.360.680.810.66-0.670.540.660.990.530.56
0.940.90.910.91-0.950.990.940.46-0.980.870.670.950.920.790.910.371.00.890.66-0.790.880.950.730.910.91
-0.86-0.79-0.82-0.820.93-0.8-0.67-0.090.75-0.75-0.8-0.69-0.84-0.8-0.87-0.8-0.78-0.96-0.67-0.79-0.81-0.82-0.72-0.82-0.87
0.940.960.810.94-0.930.870.740.23-0.820.590.710.770.980.740.940.630.860.840.540.88-0.810.930.610.940.94
0.990.950.930.97-0.940.960.850.34-0.920.740.70.870.970.840.960.510.950.910.660.95-0.820.930.730.970.96
0.720.760.910.6-0.740.670.850.68-0.790.820.240.840.680.440.620.380.740.850.990.73-0.720.610.730.60.63
0.990.930.821.0-0.910.940.760.16-0.830.630.830.780.950.911.00.610.90.860.530.91-0.820.940.970.61.0
0.990.930.831.0-0.930.940.760.15-0.830.660.850.780.950.921.00.660.90.890.560.91-0.870.940.960.631.0
Click cells to compare fundamentals

Nkarta Account Relationship Matchups

Nkarta fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets48.4M337.7M273.9M472.9M378.9M278.9M
Other Current Liab2.1M4.9M6.9M11.8M7.5M6.4M
Total Current Liabilities8.2M7.5M10.5M17.8M23.3M12.7M
Total Stockholder Equity(25.5M)321.2M251.0M372.2M273.3M217.6M
Net Tangible Assets(25.5M)321.2M251.0M372.2M428.0M449.4M
Property Plant And Equipment Net10.2M17.9M24.5M107.7M119.3M125.2M
Net Debt(13.3M)(87.8M)(48.4M)49.7M57.3M60.2M
Retained Earnings(26.7M)(118.0M)(204.1M)(317.9M)(435.4M)(413.7M)
Accounts Payable1.9M1.2M1.1M1.8M3.7M3.8M
Cash20.6M96.7M60.8M37.5M31.0M46.7M
Non Current Assets Total10.9M22.3M33.7M118.1M125.8M132.1M
Non Currrent Assets Other455.1K4.1M7.1M7.7M6.5M4.7M
Other Assets723K9.5M3.6M4.6M5.3M4.1M
Cash And Short Term Investments37.0M315.3M240.2M354.9M248.2M220.6M
Common Stock Shares Outstanding32.5M31.8M32.9M43.6M49.0M35.7M
Short Term Investments16.4M218.2M177.3M314.6M217.1M173.0M
Liabilities And Stockholders Equity48.4M337.7M273.9M472.9M378.9M278.9M
Non Current Liabilities Total65.7M8.9M12.5M82.9M82.3M48.6M
Capital Surpluse1.2M439.2M455.2M690.8M794.4M834.2M
Capital Lease Obligations7.3M8.9M12.5M82.9M88.3M92.8M
Other Current Assets66.5K3.9M7.7M8.5M4.9M4.6M
Other Stockholder Equity1.1M439.2M455.2M690.8M708.7M420.8M
Total Liab73.9M16.4M22.9M100.7M105.6M61.3M
Net Invested Capital(25.5M)321.2M251.0M372.2M273.3M217.6M
Total Current Assets37.5M315.3M240.2M354.9M253.1M221.7M
Accumulated Other Comprehensive Income(2.1K)3K(150K)(679K)8K8.4K
Non Current Liabilities Other89.2K82K10.0M78.7M90.5M95.0M
Net Working Capital29.3M310.0M229.7M338.6M229.7M209.6M
Property Plant Equipment10.2M17.9M12.9M61.9M71.2M74.8M

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